Fatty Alcohol Overview Industry Analysis Report, Regional Outlook, Application Development Potential, Price Trends, Competitive Landscape & Forecast, 2021 – 2027
Overview
The global fatty alcohol market,
during the forecast period 2018 to 2023, will register growth at a CAGR of
6.67%. The market for fatty alcohol is set to reach US$10,078.8 million by
2023. As per fatty alcohol market analysts, the global market is anticipated to
witness growth owing to the factors such as demand for surfactants in personal
care products as well as cost-effective surfactants. However, the fatty alcohol
market will face challenges and restraints due to high manufacturing costs and
fluctuating prices of raw materials during the forecast period 2018 to 2023.
Growing demand for
surfactants in the fatty alcohol market is set to play a key role in
determining the growth potential during 2018 to 2023years. Analysts have also
studied the fatty alcohol market to understand potential threats and challenges
the fatty alcohol market companies could face. Although the fatty alcohol
market is poised to grow at a fast pace across type and application segments,
factors such as fluctuating raw material prices could slow down the fatty
alcohol market's growth worldwide.
Market Segmentation
The fatty alcohol
market has been segmented into type and application. Based on the segment which
is type, the market is categorized on the basis of higher chain, long chain,
pure and mid-cut, and short-chain. The global market for fatty alcohol is
further segmented based on application into cosmetic and personal care,
detergents and cleaners, food & nutrition, lubricants, pharmaceuticals,
plasticizers, and others.
The global fatty alcohol market research report covers all
the aspects of the fatty alcohol market based on the segmental analysis of
these type and application segments. Analysts have also studied the global
fatty alcohol market's regional markets spread across many continents and
countries. The type and application segments along with their sub-segments have
been analyzed and companies functioning in the fatty alcohol market across
these segments are profiled and analyzed based on input and feedback fromfatty
alcohol market based decision makers as well as primary and secondary sources.
The fatty alcohl market research report presents analysis based information for
companies functioning in the fatty alcohol market.
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Table Of Contents
1 Executive Summary
2 Market
Introduction
2.1 Definition 20
2.2 Scope Of The Study 20
2.3 List Of Assumptions 20
2.4 Market Structure 21
3 Research
Methodology
3.1 Research Process 23
3.2 Primary Research 24
3.3 Secondary Research 25
3.4 Market Size Estimation 25
3.5 Forecast Model 26
4 Market Dynamics
4.1 Introduction 28
4.2 Drivers 29
4.2.1 Rising Demand In Surfactant-Based End-Use
Industries 29
4.2.2 Growing Personal Care Industry 29
4.2.3 Regulations Against The Use Of Chemicals In
Detergents 29
4.2.4 Drivers Impact Analysis 30
4.3 Restraints 30
4.3.1 Volatility In Raw Material Prices 30
4.3.2 Restraints Impact Analysis 31
4.4 Opportunities 31
4.4.1 Growing Preference For Liquid Detergents Over
Powder Detergents In Asia-Pacific 31
4.4.2 Raw Material Production In The Middle East
Region 31
4.5 Challenges 32
4.5.1 Oversupply Of Fatty Alcohols In Asia-Pacific
32
Regional Overview
The high expenses associated with manufacturing may hinder
the fatty alcohol market growth. The market research report suggests that
companies in the fatty alcohol market could be supported by biodegradable and
cost-effective surfactants as well as consumers adopting natural products
during the forecast period. The fatty alcohol market is set to register growth
at a high CAGR owing to these key factors. The fatty alcohol market is spread
across North America, Europe, Asia-Pacific, and other parts of the world. The
global fatty alcohol market research report reveals that APAC, North America,
and Europe regional fatty alcohol markets will dominate the global market for
fatty alcohol during the forecast period 2018 to 2023. As per fatty alcohol
market analysts, the market is set to witness tremendous growth across type and
application segments in North America which covers fatty alcohol markets across
the United States, Canada, Mexico and several other regional markets. Companies
active in the fatty alcohol market are also analyzed and studied in the fatty
alcohol market research report.
The fatty alcohol
market for Europe covers smaller market segments of Germany, Italy, France, and
the United Kingdom. Additionally, the fatty alcohol market research report
covers the Asia-Pacific region covering fatty alcohol markets from India, China,
Japan, Australia, and others. The fatty alcohol market is also spread across
the rest of the world. The fatty alcohol market report covers all such regions
including the Middle East, Africa, Brazil, and others.
Competitive Landscape
Fatty alcohol has seen increased
demand over the years, due to increasing demand for bio-based products and the
growing awareness among consumers. Companies functioning in the global fatty
alcohol market are also being challenged due to disrupted supply chain and
decreasing demand in certain regional markets. Mergers and acquisitions by
fatty alcohol market companies are anticipated to help the market during the
forecast period 2018 to 2023. As the fatty alcohol market is set to register a
high CAGR of 6.67% and is also anticipated to reach a US$10,078.8 million by
2023, the report highlights key areas companies need to focus on. The report
suggests that the fatty alcohol market will see a healthy growth in the long
run till 2023. Based on SWOT analysis and fatty alcohol market’s analysis based
on Porters’ Five Force Model presented in the fatty alcohol market report.
Mergers and acquisitions by fatty alcohol market companies are anticipated to
help the market during the forecast period 2018 to 2023.
Industry News
Uber has revealed that he would
purchase alcoholic service Drizly in stock and cash for $1.1 billion. Once the
sale has been completed, the marketplace of Drizly will be merged into the Uber
Eats app. It also says that the organisation is maintaining the autonomous Drizly
software. Drizly was founded in 2012 and is the leading on-demand drinking
alcohol supply services in the US, offering its products in 1,400 cities. The
acquisition could allow users to more regularly use the Uber app. In the middle
of the Covid 19 Pandemic that significantly decreased people leaving their
homes, Uber Eat was a major segment for Uber's business.
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